Lt. Col. Oliver North is set to become the president of the National Rifle Association of America, a process the NRA Board of Directors initiated Monday, the group announced.

North will be retiring from his role at Fox News effective immediately. He will be taking over the position occupied by Pete Brownell, who did not seek a second term as NRA president.

“I am honored to have been selected by the NRA Board to soon serve as this great organization’s President,” North said in a news release. “I appreciate the board initiating a process that affords me a few weeks to set my affairs in order, and I am eager to hit the ground running as the new NRA President.”